Hess, Concho, Callon join Exxon in tightening budget amid oil crash

Hess, Concho, Callon join Exxon in tightening budget amid oil crash
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

19.03.2020

MOSCOW (MRC) -- U.S. producers Hess Corp, Concho Resources Inc and Callon Petroleum Co followed oil major Exxon Mobil Corp in cutting their spending for the year, as oil prices continued to trade below USD30 a barrel, said Hydrocarbonprocessing.Oil producers are trying to shore up cash as a double-whammy from the Saudi-Russia price war and dwindling demand because of the coronavirus outbr

Full article at mrcplast.com

Back

news